A corporate merger occurs when:
a. two formerly separate firms combine to become one single firm
b. one firm purchases another firm.
c. two formerly separate firms decide to charge the same price for a product.
d. one firm follows the exact actions of another firm.
a
Economics
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Which of the following does not hinder economic development?
a. Lack of education b. Poor agricultural productivity c. Low investment in human capital d. Lack of technology e. Good nutrition
Economics
A publicly traded firm has 4 million shares of stock outstanding, with a current share price of $50. The value of its plant and equipment is $250 million. Its profit annually is $50 million. The average cost of capital is approximately
a) 5% b) 10% c) 15% d) 20% e) 25%
Economics